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account advanced to $6036.39 change : $188.02 trades : 4 trade 1 QM Long duration 11' $108.38 (exact timing, hit target, left two ticks on table) trade 2 QM long duration 3' $45.88 (a little bit early, temporarily down 2ticks, booked profit too early, left 0.2 point on...

if a trader fails, yes, it is the trader's fault, no one should be blamed! First, no one asks him to do trading, it is him, he who wants to do it second, he is doing trading, not someone else, it is him who gives money to the market those are the facts. if he feels he is cheated or fooled...

whether near-term (next tick) or a little bit farther term (next 10 minutes or next day), prediction is hard, it is basically not pretictble, but the odd or the probability of the future things can be determined beforehand, you can not predict what will happen, but you can know what the...

the above plan and rules seem to most people are very sound and reasonable. but I noticed a question in my own plan and rules. when I give the market more volatility room, in another word, more time to prove my trading idea, the underlying is suppose I am right most time in the big picture...

my trading vehicles are: QG $12.5 per tick, loss per trade is 8 ticks or $0.040, gain per trade is 16 ticks or $0.080 QM $12.5 per tick, loss per trade is 8 ticks or $0.2, gain per trade is 16 ticks or $0.4 individual stocks with news, loss per trade is $100, gain per trade is $200...

from next week, I will do paper trading to practice entry/exit with hard stop loss, drills on market condition assessment. my main focus is on crude and natural gas. until I get used to hard stop, consistent with entry/holding /exit. the only way to beat the market is in the market, but...

account dropped to 5848.37 change :(463.5) change% :(7.3) terrible day, I should walk away when lots of conflicts around me. my son did not want to go to daycare today, I saw crude was bearish, shorted it in the opening, but my son kept bugging me in the opening, cutting loss three times...

no offense. juts curious, I found you use Booktrader to order working, you act must very fast. I do not understand is why after you get stopped out, then get in again, why not wait a while, like another thrust or an exhaustion bar? you move stop loss by manually moving in booktrader? such, use...

man, nodoji, you shorted it many times at the exact place, ouch, get IB richer, IB loves you.

account advanced to 6311.87 change : 215.5 change %: 3.5% did lots of scalpings on crude, I was trying hard to make some money before natural gas inventory data. almost bought crude around the LOD, gained 0.2 point. traded NQ, it is kind of feeling an idiot. bought NQ in the morning...

from today on, i will not post scalp or scratch, only those trades which have more than 50 ticks gain/loss on crude/natural gas/equity stock index. I found my most winners/losers are around 5 ticks to 30ticks, it is meaningless to intra-day swing trading. I am trying to realize intra-day swing...

buy low and sell high is the most profitable strategy. did you get good sleep? I will buy it when it breaks down 85under, will short it when it hits 85.9+

I am very bearish on crude after it hit 87. but I saw 86.2 is a good breakout point, actually i bought it right before it toke off, I bought it at 86.16, immediately show me 3 ticks profit, then pressed by my wife for lunch (sigh), got out just at the thrust start! I acted too slow today I was...

when I change trading ways, I most time will lose. today I am trying to use hard-stop, I found I act slow and I can not follow my gut feeling, get poor results too. so do not change trading ways it frequently. only those must be changed needs change. also those changes need fit your...

here is the missed trade

account advanced to $6084.17 change:$96.4 I am testing hard stop. the hard stop makes me act slow (since I need know where to put stop loss, normally I use gut feeling to do trading when I have mental stop), I will use hard stop whatever, so far not used to it yet. missed noon breakout...

excellent point. If I post the real time trade, I feel someone is policing me. that is really good to do discipline drills. I am struggling with hard stop, and afraid I may lose focus on trading, so not ready for real time trade post. I wish I could do since I want to someone observe my...

saw that too at 8620, bought at 8616 and called off by wife for lunch. it is a good breakout trade

the same to me. market not always trend, it trends a while, then sideline. I use a little bigger picture to guide my day trading. I use the day's overall picture to figure out my strategy (in the finer level). I strongly beleive today after the report it will go down to 85

normally I still use fundamental to guide my day trading. I judged yesterday as a range-bound day, it is a correct assessment. today I will look for some abnormal movement (as you said, rogue move) when inventory comes due at 10:30am. yesterday I shorted it at 2:12pm with 86.75(I did several...